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INVESTMENT HIGHLIGHTS
- Historic Building in the center of Downtown Orange, VA
- Historic tax credit elegible
- Ample exclusive parking
EXECUTIVE SUMMARY
For Sale – 113 W Main St, Orange, VA
±13,167 SF | Vacant Commercial Building with Onsite Parking
Located in the heart of downtown Orange, this ±13,167 SF historic commercial property presents a rare opportunity for owner-users, investors, or developers. Zoned for mixed-use, office, or retail, the three-story building with basement is ideal for a variety of business or redevelopment strategies, including potential condo conversion.
Built in 1925 and eligible for historic tax credits, the building features high street visibility, strong foot traffic, and direct access to the Orange County Courthouse, restaurants, and retail. The building benefits from ample onsite exclusive parking—worth significant value on its own.
The property includes an existing ATM lease in the parking lot, providing some current income.
Offered "as-is," this site is primed for repositioning or adaptive reuse.
Key Features:
±13,167 SF | .19-acre lot
Zoned for Mixed-Use / Retail / Office
Ample onsite parking (exclusive use)
Great visibility on Main Street
Eligible for historic tax credits
Possible condo conversion or redevelopment
±13,167 SF | Vacant Commercial Building with Onsite Parking
Located in the heart of downtown Orange, this ±13,167 SF historic commercial property presents a rare opportunity for owner-users, investors, or developers. Zoned for mixed-use, office, or retail, the three-story building with basement is ideal for a variety of business or redevelopment strategies, including potential condo conversion.
Built in 1925 and eligible for historic tax credits, the building features high street visibility, strong foot traffic, and direct access to the Orange County Courthouse, restaurants, and retail. The building benefits from ample onsite exclusive parking—worth significant value on its own.
The property includes an existing ATM lease in the parking lot, providing some current income.
Offered "as-is," this site is primed for repositioning or adaptive reuse.
Key Features:
±13,167 SF | .19-acre lot
Zoned for Mixed-Use / Retail / Office
Ample onsite parking (exclusive use)
Great visibility on Main Street
Eligible for historic tax credits
Possible condo conversion or redevelopment
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
18,120 SF
Building Class
C
Year Built
1925
Price
$1,744,900 CAD
Price Per SF
$96.30 CAD
Percent Leased
27%
Building Height
3 Stories
Building FAR
2.19
Lot Size
0.19 AC
Opportunity Zone
Yes
Zoning
C - commercial
Parking
30 Spaces (1.66 Spaces per 1,000 SF Leased)
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- First States Investors
- Finance and Insurance
- -
- -
- -
- Somerville, Carter & Wilkinson LTD
- Professional, Scientific, and Technical Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| First States Investors | Finance and Insurance | - | - | - | ||
| Somerville, Carter & Wilkinson LTD | Professional, Scientific, and Technical Services | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 044-A3-00-29-0004-0 | Improvements Assessment | $1,675,272 CAD |
| Land Assessment | $211,703 CAD | Total Assessment | $1,886,975 CAD |
PROPERTY TAXES
Parcel Number
044-A3-00-29-0004-0
Land Assessment
$211,703 CAD
Improvements Assessment
$1,675,272 CAD
Total Assessment
$1,886,975 CAD
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113 W Main St
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